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Barchart
Sohini Mondal

Is Cardinal Health Stock Underperforming the Nasdaq?

Cardinal Health CAH NASX MCK

Cardinal Health, Inc. (CAH) is a healthcare services and products company with a market cap of around $27 billion. The Dublin, Ohio-based company provides a wide range of solutions, including drug distribution and medical supplies, to various healthcare providers globally.

Companies valued at $10 billion or more are generally labeled as “large-cap” stocks, and Cardinal Health fits this criterion perfectly. Cardinal Health is renowned for its extensive network of radiopharmacies and its significant role in supplying medical products to over 75% of U.S. hospitals, distinguishing it as a leader in both pharmaceutical distribution and medical supply manufacturing.

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